BNP Paribas

A/AL1/SA - Rates and Fixed Income

BNP Paribas
Not Disclosed
0-4 Years Full Time
Bangalore, Karnataka, IN

Vacancy: Not Disclosed Posted: 1 year ago Applicants: 0
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Job Description

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  • Provide a daily Economic, Step Reval and Risk Based PNL to each desk and to the Bank s management.
  • Ensure that the PNL is calculated from the reference positions and that these positions are real and checked.
  • Escalate any unusual PL to the desk and management that may indicate a wrong position or transaction in the FO system.
  • Run all the required controls on key elements of the PNL
  • Document all exceptional PNL moves and adjustments for Management.

Responsibilities

Direct Responsibilities

  • Validate the official Economical PL figures and the related PL explains (market move, new deals, etc) and investigate the discrepancies with the Front Office Predict.
  • Review the PL Explain in depth and correct wrong effect if no technical solution can be found to overturn the misallocation.
  • When possible, challenge and enhance existing processes.
  • Submit the PL for Sign-off to the Traders.
  • Report, Comment and Validate the PLs into the Official Reporting tool
  • Ensure appropriate escalation to management as soon as an issue is identified.
  • Ensure high levels of ethics and professionalism are maintained both personally and in the team.

Contributing Responsibilities

  • Participate to global projects related to MO or PL processes improvements.
  • Participate to local projects related to systems migrations.
  • Participate to the improvement of the productivity within the team by proposing initiatives

Technical Behavioral Competencies

  • Strong understanding of Bonds, Interest rates and FX products including its models and valuations
  • Competency with MS Suite, especially Excel
  • Communication Skills
  • Decision Making
  • Adaptability Change Management:
  • Ability to develop and leverage networks
  • Ability to develop and adapt a process
  • Result oriented approach
  • Collaborate with remote teams

Specific Qualifications (if required)

  • 0-4 years of working experience in related banking and finance fields.
  • University graduates, with postgraduates and professional qualifications preferred.

Skills Referential

  • Behavioural Skills :
  • Ability to collaborate / Teamwork
  • Critical thinking
  • Creativity Innovation / Problem solving
  • Resilience
  • Transversal Skills:
  • Ability to set up relevant performance indicators
  • Ability to develop others improve their skills
  • Analytical Ability
  • Ability to develop and adapt a process
  • Ability to understand, explain and support change
  • Education Level:
  • Bachelor/Masters Degree/CA/CFA/FRM or equivalent
  • Experience Level
  • 0-4 years of experience.

Skills Required: Front Office, Analytical


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